ABBEY SPRAYS LIMITED

💤Zombieactive
08060603 · ltd · incorporated 2012-05-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Average employees600600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-05-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2018-05-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-04-28
    PICKERING, Brett resigned
    director
  13. 2018-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-06-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-06-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-05-08
    🏢
    Company incorporated
    As ABBEY SPRAYS LIMITED
  19. 2012-05-08
    WHITE, David Alan appointed
    director
  20. 2012-05-08
    PICKERING, Brett appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-22

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Alan White
Individual · British · DOB 11/1963 · age 63
2550%
25-50% shares08/05/2017
1 historic (ceased) PSC
  • Mr Brett Pickeringceased 28/04/2018· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-05-08
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

70 Greatbridge Road
Romsey
SO51 8FG
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-22OVERDUE
Last: 2025-05-08

Officers (1 active · 1 resigned)

WHITE, David Alan
director · ~63y · appointed 2012-05-08
View their other companies + combined net worth →
Active
PICKERING, Brett
director · ~48y · appointed 2012-05-08 · resigned 2018-04-28
Resigned

Click a director name to see their full track record across all companies.

Recent filings (32 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-11